The bottom could be a long way off, and I won't be buying any more Herbalife shares until Jimmy Jam Cramer has a public meltdown whilst chiding Mrs. Janet Debtfire, Doug Kass talks about his bottom on cnBSc or Obama says that "it may be a good time to buy some stocks" while speaking into the microphone at the Rose Garden podium/teleprompter.

Tax and investment strategy is distraction from creation and preservation of wealth. America must is demand restoration of constitutional republic, or resort to barter economy. Like Poland and Hungary, you are eventually surrender all retirement saving in name of "National Emergency". Better you are have good stock of toilet paper in cellar.

I've got less than a year before I can start tapping mine. I've got enough in there to sustain me for four years at my current burn rate. It might not be the best tax strategy, but I'm going to burn what's in there before touching anything else. Unless, of course, things all look rosy on the confiscation front, then I'll have a more tax friendly controlled descent.

Isn't that how they want it? You've heard it so many times you ignore it when it's actually going down?

My theory is the Fed is too stupid to be stupid. They know exactly what they're doing. If that's the case, what are they doing... I suspect, as we've all heard, trying to force a global currency reset. If they can crash the world economy, that would set them up pretty well for a reset, wouldn't it? Problem-Reaction-Solution.

We know they like to change hands in the middle of these things so it looks like idiocy and accidental fumbling instead of precise planning. We know they like the set expectations to be the opposite of the reality they intend, otherwise they wouldn't get people to fall for it. If Janet is an uber-dove, everyone expects her to print more to get out of it and reverse the taper so they BTFD as we've been trained to do. My bet is she will "reverse the taper" but the market will still crash (either now or later) as we see a series of bull traps, while we see massive deflation in assets.

they'd never allow deflation, b/c then average joe's spending power would (technically) increase, and that can't be allowed. they have to progress the chasm between haves and havenots else the havenots are less likely to choose servitude.

VWAP...VWAP...VWAP Watch it. The selloffs are much stronger than the buying volume. Its like a slow motion sink...like sinking in quick sand. The volume tips the next surge downward then a low volume bounce... then back into the cellar again.

Thomas Demark is calling that the next two - three days will be critical and if the markets go down they can unravel very quickly. If today's weak ADP report can be taken as any guidance the coming up Jobs Report can be weak as well. We think that his call is very extreme, but Taper Pause is becoming the reality with every sell off in the market. Thanks to Bernanke, Janet Yellen has her FED Chair Crisis right at the start of her reign. Gold is fighting the gravity and market manipulators at the $1270 level and once it will close above it the mother of short squeeze in Gold will arrive.

Re: Thanks to Bernanke, Janet Yellen has her FED Chair Crisis right at the start of her reign.

Well, when Janet took over the controls, Ben had to slide over while keeping his foot on the gas peddle as Janet took his seat - but he probably couldn't quite keep it depressed all the way and there was a bit of deacceleration. I'm sure we'll be back to full power shortly.

Gold and the stock market are dependent upon the mood of the Fed. What happens next is up to the FED. If things are to 'improve' however we will have to see them reverse taper. Otherwise there isn't enough liquidity for more 'fun'. Want to know what happens next? Ask Janet.

Well now, in a healthy market, you just cant go down and down forever. The market has to take a break, and maybe even go up for a bit before continuing its slide into oblivion. So just relax, the market slide downwards will continue in a day or two, its healthier that way.

I want to know what is in the fucking shipping containers in the parking lot outside Best Buy. I might want to buy something in there, but can't because nobody is buying anything in the store.

A new reason for the bad data, inventory can't sell because stores can't even take it out of the shipping containers from China. The spring selling season is already a month and a half in. At this rate the product will have to be marked 50% off before it even makes it in the doors of the store.

A shipping container sitting like that could be there to provide "financial window dressing" for one of Best Buy's suppliers. Some firms will ask another firm to take a huge amount of their product just before they report so that their numbers look great. The receiving party does not need to truly want or need the products... they just need to agree to them being sent. Once done, the sending party can book this as sales. After they report, the products are returned and it considered no harm, no foul. This is legal as long as the product actually leaves the senders dock (plant).

Find someone to agree to take 100 trucks loads of your products and it'll help when your quarterly numbers need juicing.

Wonder if there is "secret double POMO"? Or maybe even secret "pump it up whenever the hell we want to POMO". Who says they have to play by the rules...they make 'em and break 'em. Be careful out there.

Here is what happens next, we trade back down through 1700 to the mid 1600 level then Yellen comes out with her plan to double down on QE raising it to 200 bln per month 100 in bonds and 100 in direct purchases of e-minis.

So if you were one of the richest oligarchs sitting on a pile of cash and you were making tons o cash via stocks, EMs, etc., then the bottom started falling out what would you do? Personally if I was one, when I saw the writing on the wall, I'd "cash out" and wait for raging deflation to ass-rape everyone else who was over-leveraged. Once the price of things I wanted (e.g., real estate, factories, uber-cheap labor, businesses, etc.) came way down I'd use my fiat to scoop up some real bargains at bottom dollar deflationary prices. The rich will make money coming and going... timing is everything. Deflation can be a good thing if your timing is right and your pile of cash is large enough.